Perennial Investment Advisors LLC Buys 13,588 Shares of Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM)

Perennial Investment Advisors LLC lifted its stake in Cornerstone Strategic Value Fund, Inc. (NYSEAMERICAN:CLM) by 3.6% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 394,021 shares of the investment management company’s stock after buying an additional 13,588 shares during the quarter. Perennial Investment Advisors LLC’s holdings in Cornerstone Strategic Value Fund were worth $3,034,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Strategic Financial Concepts LLC raised its stake in Cornerstone Strategic Value Fund by 800.0% during the 2nd quarter. Strategic Financial Concepts LLC now owns 509,390 shares of the investment management company’s stock valued at $39,000 after purchasing an additional 452,790 shares during the period. Voisard Asset Management Group Inc. bought a new stake in Cornerstone Strategic Value Fund during the 2nd quarter valued at approximately $72,000. Choreo LLC bought a new stake in Cornerstone Strategic Value Fund during the 2nd quarter valued at approximately $125,000. StoneX Group Inc. bought a new stake in Cornerstone Strategic Value Fund during the 4th quarter valued at approximately $144,000. Finally, Wedbush Securities Inc. raised its stake in Cornerstone Strategic Value Fund by 50.4% during the 2nd quarter. Wedbush Securities Inc. now owns 20,900 shares of the investment management company’s stock valued at $161,000 after purchasing an additional 7,000 shares during the period.

Cornerstone Strategic Value Fund Stock Performance

NYSEAMERICAN:CLM opened at $7.53 on Tuesday. Cornerstone Strategic Value Fund, Inc. has a 1 year low of $6.25 and a 1 year high of $8.14. The business has a 50 day moving average price of $7.38.

Cornerstone Strategic Value Fund Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be paid a $0.1086 dividend. The ex-dividend date is Tuesday, October 15th.

Cornerstone Strategic Value Fund Company Profile

Cornerstone Strategic Value Fund, Inc is a closed-ended equity mutual fund launched and managed by Cornerstone Advisors, LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value and growth stocks of companies.